Previous close | 4.4900 |
Open | 4.5300 |
Bid | 4.0300 x 3200 |
Ask | 4.0400 x 3000 |
Day's range | 4.0100 - 4.5500 |
52-week range | 3.1800 - 19.6900 |
Volume | |
Avg. volume | 6,968,511 |
Market cap | 444.574M |
Beta (5Y monthly) | 1.40 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 22 Feb 2024 |
1y target est | N/A |
Spirit Airlines (NYSE:SAVE) was once the target of a hot bidding war between two of its rivals, Frontier Group (NASDAQ:ULCC) and JetBlue Airways (NASDAQ:JBLU). Less than two years after JetBlue successfully beat out Frontier with a deal valuing Spirit at $34.15 per share, Spirit's stock nose-dived to under $4 per share. The fall in share price is in large part due to the Biden administration blocking the JetBlue deal, arguing that customers benefiting from Spirit’s low fares would have been hurt
Despite a Tough Quarter, Spirit Airlines Focuses on Strategic Changes and Cost-Saving Initiatives
Spirit's (SAVE) first-quarter 2024 operating revenues decline 6.2% year over year.